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A team of North Korean IT operatives behind 31 fake identities has been linked to the $680,000 hack of fan-token marketplace Favrr in June. A small team of North Korean IT workers — linked to a $680,000 crypto hack in June — have been using Google products and even renting computers to infiltrate crypto projects,…
The Venn Network team suspects the attack was linked to the North Korean Lazarus Group, citing its complexity and widespread deployment. Crypto security researchers uncovered and neutralized a critical threat affecting thousands of smart contracts, potentially preventing more than $10 million in crypto from being stolen. On Thursday, pseudonymous Venn Network researcher Deeberiroz shared in…
North Korean threat actors have been deploying malware through fake crypto job sites, targeting blockchain professionals to steal wallet credentials, Cisco Talos says. A North Korean-aligned threat actor has been targeting job seekers in the crypto industry with new malware that is designed to steal passwords for crypto wallets and password managers. Cisco Talos reported…
The Justice Department has filed a civil forfeiture complaint to seize crypto and NFTs allegedly tied to laundering efforts by North Korea. The US Department of Justice has moved to seize $7.74 million in crypto allegedly earned by North Korean IT workers using fake identities and working at blockchain firms as remote contractors. The funds…
The analysis by the BitMEX security researchers revealed amateur-level operational security lapses in the Lazarus Group’s hacker network. The BitMEX crypto exchange’s security team discovered gaps in the operational security of the Lazarus Group, a North Korean (DPRK) government-sponsored cybercrime network, following a counter-operations probe into the organization, which exposed IP addresses, a database, and…
The US Treasury has proposed cutting the Huione Group’s access to the US banking system, accusing it of being involved in laundering crypto. The US Treasury Department wants to block the Cambodia-based Huione Group from accessing the US banking system, accusing it of helping North Korea’s state-backed Lazarus Group to launder its crypto. The Treasury’s…
Hackers working for governments were responsible for the majority of attributed zero-day exploits used in real-world cyberattacks last year, per new research from Google. Google’s report said that the number of zero-day exploits — referring to security flaws that were unknown to the software makers at the time hackers abused them — had dropped from…
Silent Push senior threat analyst Zach Edwards says the FBI has since shut down at least one of the companies. A subgroup of the North Korea-linked hacker organization Lazarus set up three shell companies, two in the US, to deliver malware to unsuspecting users. The three sham crypto consulting firms — BlockNovas, Angeloper Agency and…
Cyberattacks originating from the country range from social engineering attempts to assaults on exchanges and can take a year to play out. North Korean cyberwarfare attacks on the cryptocurrency industry are growing in sophistication and in the number of groups involved in such criminal activity, crypto firm Paradigm warns in report titled “Demystifying the North…
The North Korean government is reportedly establishing a new hacking group within the intelligence agency Reconnaissance General Bureau (RGB). Daily NK, a news outlet that focuses on North Korea, reported last week that the new hacking unit, called Research Center 227, will focus on research to develop “offensive hacking technologies and programs,” citing a source…